MA ARCHIVED April 2017 | Page 60

Market Action Report
Fauquier
County: Fauquier
Market Action Report
County: Fauquier
April 2017
Agent Name
Title
Phone
Agent
Name
Website
Other
Title
April 2017
Community Information
Price Range: All | Properties: SFH - Con
Phone
Month
Website
Market Profile & Trends Overview
Median
List Price of all Current Listings
Price Range: All | Properties: SFH - Con
LM
Trending versus*:
L3M PYM
LY
$534,450
3%
12%
Other
$1,045,463 Trending
-0% versus*:
-0%
Month
LM 15%
L3M 5%
PYM 20%
LY
$420,000
$534,450
3% 14% 5%
12% -5%
$463,766
$1,045,463 422
-0% 5%
-0% -10%
$420,000 15%
5%
20%
12%
96 32%
4%
$463,766 14%
5%
-5%
8%
77 13% -3% -22%
422 5%
-10%
$171 0% 1% 2%
96 32%
4%
$156 -5% -3% -4%
77 13% -3% -22% 17%
4.4 -20% -25% -14%
$171 0% 1% 2% 0%
96.6% 1.5% 1.6% 1.6%
Average List Price of all Current Listings
Market
Profile
& Trends
April Median
Sales
Price Overview
Median
List Price
of all Price
Current Listings
April Average
Sales
Average
List Price of
all Current
Total Properties
Currently
for Listings
Sale (Inventory)
April
Sales
Price
April Median
Number
of Properties
Sold
April Average Sales Price
April Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
Asking Price per Square Foot (based on New Listings)
April Number of Properties Sold
April Sold Price per Square Foot
April Average Days on Market (Solds)
April Month's Supply of Inventory
Asking Price per Square Foot (based on New Listings)
April Sale Price vs List Price Ratio
April Sold Price per Square Foot
Trending versus*:
Prior YTD 9%
Prior Year 7%
12% YTD
$401,000
8%
$443,157
-1%
3%
$401,000
$443,157
17%
9%
252
-2% 7%
-1%
79 -13% 3%
0%
$170
4%
252
-2%
2%
$162
5%
79 -13%
20%
-24%
6.9
3%
$170
4%
-1%
.9%
95.1%
0%
April Sale Price vs List Price Ratio
* LM=Last
Month / L3M=Last
3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
Property
Sales
20%
-1%
5%
18%
-1%
$156 -5% -3% -4% 2%
$162
5%
5%
4.4 -20% -25% -14% -24%
6.9
3%
18%
of 95.1%
Properties
96.6% 1.5% 1.6% 1.6% Number
.9%
0% Sold -1%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
April Month's Supply of Inventory
Trending versus*:
Prior YTD Prior Year
YTD
3 Mo Avg
140
April Property sales were 96, up 4.3% from 92 in April of 2016
and 31.5% higher than the 73 sales last month. April 2017 sales
120
Property
Sales
were at their
highest level compared to April of 2016 and 2015. 140
April
sales
96, running
up 4.3% from
in April
2016 year- 100
April Property
YTD sales
of were
252 are
2.3% 92
behind
last of year's
and
31.5% sales
higher
than the 73 sales last month. April 2017 sales
120
to-date
of 258.
80
were at their highest level compared to April of 2016 and 2015.
Prices
14
The Median Sales Price in April was $420,000, up 19.9% from
600
Prices
$350,250 in April of 2016 and up 15.1% from $365,000 last
The
Median
Sales
Price Sales
in April
was in
$420,000,
19.9% from
month.
The
Average
Price
April was up
$463,766,
down
600 550
$350,250
in April
of 2016
and up
$365,000
last
4.9% from
$487,803
in April
of 15.1%
2016 from
and up
14.4% from
month.
The last
Average
Sales
Price 2017
in April
down
$405,546
month.
April
ASP was
was $463,766,
at a mid range
550 500
4.9%
from $487,803
in 2016
April and
of 2016
and up 14.4% from
compared
to April of
2015.
$405,546 last month. April 2017 ASP was at a mid range
500 450
compared to April of 2016 and 2015.
80
15
16
Median Sales Price and Average Sales Price
56
M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A
14
15
16
17
M J J A S O N D J F Median
M A M J Sales
J A S Price
O N D and
J F Average
M A M J Sales
J A S Price
O N D J F M A
3 Mo Avg
0
0
20
20
40
40
60
3 Mo Avg
60
80
100
April YTD sales of 252 are running 2.3% behind last year's year-
to-date sales of 258.
Number of Properties Sold
17
3 Mo Avg
450 400
400 350
350 300
Inventory & MSI
M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A
15 A M J J A S O N D J F M 16
M J 14 J A S O N D J F M
A M J J A S O N D J F M A 17
14
15
16
17
400
300
A comparatively lower MSI is more beneficial for sellers while a
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
12.0
The Total Inventory
Inventory
& MSI of Properties available for sale as of April
600
was Total
422, Inventory
up 4.7% from
403 last available
month and
down
from
The
of Properties
for sale
as 10.2%
of April
470 422,
in April
of last
year.
2017 and
Inventory
was at from
its lowest 600 500
was
up 4.7%
from
403 April
last month
down 10.2%
470
in compared
April of last with
year. April
April
was at its lowest
level
of 2017
2016 Inventory
and 2015.
500
400
level compared with April of 2016 and 2015.
300
12.0
10.0
300
200
8.0
6.0
4.0
A higher
comparatively
lower MSI
is more The
beneficial
sellers
MSI is better
for buyers.
April for
2017
MSI while
of 4.4 a 200
100
higher
MSI
is better
for buyers.
April 2017
of 4.4
months
was
at its lowest
level The
compared
with MSI
April
of 2016 and 100
2.0
months
0
2015. was at its lowest level compared with April of 2016 and
0
0.0
2015.
M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A
M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A
14
15
16
17
14
15
16
17
Copyright
© Coldwell
Banker Residential
Brokerage
| Price
Range: | Property
All | Property
Types:
SFH - Con
Copyright
© | Coldwell
Price
SFH - Con
60
c o Banker
l d Residential
w e l l Brokerage
b a n | k
e Range:
r h o All m
e s . Types:
com
Data is provided courtesy of Coastal Association of REALTORS of MD, Inc., Metropolitan Regional Information Systems, Inc., Sussex County Association of REALTORS and may not reflect all relevant real estate activity. Coldwell Banker Residential Brokerage
Data is provided courtesy of Coastal Association of REALTORS of MD, Inc., Metropolitan Regional Information Systems, Inc., Sussex County Association of REALTORS and may not reflect all relevant real estate activity. Coldwell Banker Residential Brokerage
does
warrant
or guarantee
accuracy
of information.
this information.
It is responsibility
th e responsibility
any or buyer
verify
and all information
to such consumer’s
estate transaction.
does
not not
warrant
or guarantee
the the
accuracy
of this
It is the
of any of
buyer
seller or to seller
verify to any
and any
all information
relevant to relevant
such consumer’s
real estate real
transaction.
10.0
8.0
6.0
4.0
2.0
0.0